Tuesday’s Deal of the Week

by Mark Wellborn

Today’s Deal of the Week is a one-bedroom co-op in an early 20th century rowhouse at 1731 20th Street NW (see map here). Under $300K is a good price point for a one-bedroom in this section of Dupont Circle, even if you don’t get a lot of space and you have to walk up four flights of stairs every time you come home. The unit has an updated kitchen, a new bathroom, all oak floors and a working fireplace. The monthly fees are approximately $300, but include property taxes.

  • Price: $289,000
  • Beds: One
  • Baths: One
  • For the full listing, click here.

Here are some monthly payment calculations based on a 15 percent down payment and a 30-year fixed rate mortgage at 4.75%.

  • Loan Amount: $245,515
  • Principal and Interest: $1,280
  • Taxes and Fees: $315
  • Est. Mortgage Insurance: $50
  • Total Monthly Payments: $1,645

Living Area
Sitting Nook

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This article originally published at https://dc.urbanturf.com/articles/blog/tuesdays_deal_of_the_week7/848


  1. Georgetowner said at 10:14 am on Tuesday April 28, 2009:

    I’ve seen this property, and the pictures are a lot better than the actual place.  When you actually see it in person, you’ll notice that the building is pretty old.  Like the walls in the unit and the ceiling are uneven.  I can’t say for sure if the walls are drywall or plaster.  I live in an old building in Georgetown and my walls are plaster.  The walls in this unit remind me of the walls in my apartment - not very even, warping at my places, etc. 

    By all means, check it out.  the guy did a phenomenal job with what he had.  But seriously, this place is super tiny.  Looks like a studio that was cut in half.  The living room doesn’t fit anything bigger than a loveseat and it’s nearly touching the kitchen counter.

  1. Martha said at 12:30 pm on Tuesday April 28, 2009:

    I have been by as well. It is small, but the top floor location means that you get a lot of light and it is just two blocks north of Dupont Circle. That is tough to beat, regardless of size, for under $300K.

  1. MissyMelMelis said at 4:00 pm on Tuesday April 28, 2009:

    I saw this property a few weeks ago, and I have to agree with Georgetowner, it is tiny and looks way better in the pictures.  The price was recently reduced by $10k even though it hasn’t been on the market for that long. It is nicely remodeled and whoever staged it did a good job.  Oh and the “walk-in” closet is smaller most normal closets in my opinion.

  1. sasha said at 6:06 pm on Tuesday April 28, 2009:

    I looked at this place and while it is small, I haven’t seen much better for the price in Dupont. One down side…the heat actually comes from other apartments. In short, there is no heat in the unit.

  1. aj said at 10:25 am on Wednesday April 29, 2009:

    I have seen this listing for a couple of months and was stuck by the fact that they put the kitchen island right in front of the fireplace (?) and of course there is that weird stuffed shark (wtf?). it is a good location, though, yes.

  1. Nate Guggenheim said at 6:02 pm on Thursday April 30, 2009:

    I am the listing agent for this property and I am going to chime in.  It is actually, hands down, the least expensive one bedroom unit within .25 mile of the Dupont Metro (Q Street entrance) on a per month basis.  It is also the smallest—I will give you that (except unit 421 in The Appoline, which is a mis-advertised studio). Also, to correct Sasha, there is heat in the apt(forced air unit in the fireplace).  Radiators could be re-installed easily as well, as the pipes were plugged but are accesible.  They were removed when the apt was renovated as, being south facing and on the top floor, it was getting too hot in the winter. As for the stuffed shark—he climbed up all 52 steps on his own, but don’t ask him to do your laundry, as that is in the basement.

  1. tess said at 9:30 pm on Thursday April 30, 2009:

    I too, have seen this place and have to disagree with Georgetowner…I think it’s just as nice in person as it is in the pictures. I think the plaster walls and victorian moldings give it a classic Dupont charm. If you are looking for a huge apartment, this isn’t for you…but if you are looking to live in an amazing neighborhood, for a reasonable price, this is the best you are going to get.

  1. Eric Banshee said at 3:11 pm on Sunday May 3, 2009:

    I’ve seen it as well—Nice location—I think I’d jump on this for $259K or so.  Will keep an eye out, but for the price, can do better.

    Also a coop, which is tough to commit to as a younger buyer. It is small though—when you open the door, you have to sort of step in the bedroom before closing the door, to get to the main living room/kitchen.

Comments are closed.

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